Friday beers scam up 240 percent

Quick and quiet transfers as HR bods rush to pub.

Fake email supplier scams are booming and have inflicted $1.2 billion in damages to businesses globally in the past year according to the FBI.

The scams formally known as “business email compromise” involved a fraudster compromising the email account of an existing supplier and attempting to steal funds by tricking staff into paying non-existent invoices.

Net scum would send legitimate-looking emails to target companies with instructions to pay into often Asian bank accounts.

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Source: http://www.theregister.co.uk/

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